Abstract
This paper presents the findings of a questionnaire survey conducted on the factors affecting cost performance of Indian construction projects. Factor analysis of the response on the 55 success and failure ‘ attributes’ identified through literature review and personal interview extracted seven factors. Critical success factors obtained by the analyses are: project manager’s competence; top management support; project manager’s coordinating and leadership skill; monitoring and feedback by the participants; coordination among project participants; and owners competence and favourable climatic condition. However factors adversely affecting the cost performances of projects, are: conflict among project participants; ignorance and lack of knowledge; presence of poor project specific attributes and non existence of cooperation; hostile socio economic and climatic condition; reluctance in timely decision; aggressive competition at tender stage; and short bid preparation time. Further analysis indicates coordination among project participants as the most significant of all the factors having maximum positive influence on cost performance.
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